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Unit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.There are exactly 2.540000000...nit factors may be made from any two terms that describe the same or equivalent amounts of what we are interested in. For example, we know that. 1 inch = 2.54 centimeters Note: Unlike most English-Metric conversions, this one is exact.
The unit cost is the cost incurred by a company to produce, store and sell one unit of a particular product. Unit costs include all fixed costs and all variable costs involved in production.